Posted 11 days ago
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**Plan Sponsor Operations Reconciliation Representative III** Detailed daily control activities, supporting Workplace Investing Defined Contribution product offerings. Key responsibilities include understanding processes, collaborating with internal and external business partners, and resolving discrepancies. Required skills: Bachelor's degree in Accounting or Finance, proficiency in Microsoft Office, strong initiative, and excellent communication skills. Experience in financial services, 401k, reconciliation, and transaction processing is essential. This role requires meticulous attention to detail and problem-solving skills. The team supports various investment products, with a focus on daily reconciliations.
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Full Job Description
Job Description:
Note: Fidelity will not provide immigration sponsorship for this position.
The Role
The FinOps Associate completes daily vital activities to support Workplace Investing (WI) Defined Contribution (DC) product offerings. Working within both a dynamic team environment and independently to complete daily control activities which involve monetary and non-monetary processes. The associate must understand in detail how and why functions are performed and how they relate to the overall service structure. As part of a small team, you will be very valuable in working with internal and external business partners to support team processes throughout the day.
The Expertise and Skills You Bring
- Bachelors degree or equivalent preferred, preferably in Accounting or Finance
- Solid understanding of Microsoft Office products (Word, Excel, Outlook)
- The ability to take initiative and highly motivated to complete tasks as required
- An eagerness to meet department goals and shifting assignments where needed
- Financial Services, 401k, Reconciliation, Transaction, Audit, Resolution, dividend cash, accrual, ESOP
- Associate will thrive in an environment working on one to one assignment or along with a team for a bigger project
- Communicate optimally with colleagues, management, and business partners through written and verbal correspondence
- You have excellent customer service skills
- Adopts new technology and process changes in a fast pace environment
- You are an independent problem solver with meticulous attention to detail!
- Enjoy solving mysteries through independent analysis of information captured from multiple sources
- You resolve ambiguous situations by asking questions and applying critical thinking
The Team
The Financial Operations Investment Execution and Oversight organization oversees investment level processing for all of WIs Defined Contribution (DC) investment offerings. Processing includes onboarding client investment options, moving money, reconciling transactions, and resolving discrepancies within each of the processes. The teams support a number of specific products including, Self Directed Brokerage, Company Stock, Fidelity Funds, and Non-Fidelity Mutual funds.
- The Investment Reconciliation role will support the daily reconciliation for plan to fund for all FPRS clones, daily recon of balance adjustments, gain/loss account and other fee reconciliation. Investment Reconciliation which performs a daily reconciliation between the DC recordkeeping system and the external account for all 25,000 plus investment products. The team members play a key role in building and maintaining relationships with internal business partners and collaborating with them when appropriate to ensure that all standard methodologies are followed.
Fidelitys Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Certifications:
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OperationsPlease be advised that Fidelitys business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
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Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
Company overview
At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experience.
Reasonable accommodations
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Applicant screening
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
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